Windows Phone put a significant drag on Microsoft's fourth-quarter earnings, released Tuesday. Revenue for the troubled platform decreased by $552 million, or 68 percent. Both Lumia and non-Lumia phone revenue declined, which Microsoft attributes to lower volumes and lower-priced devices.
average payment period. Definition. APP. The number of days a company takes to pay off credit purchases. It is calculated as accounts payable / (total annual purchases / 360). Use this term in a sentence. â You should always know how long your average payment period will be so that you can be prepared when the time comes.
IBR; $47,000 per year income. At this income rate, your monthly payment would be between $245 and $304 per month. The total interest paid over the course of the loan would be $7,141, bringing the total amount paid to $37,141. The repayment period in this case would be 128 months, or 10 years and 8 months.